Please find the press Release on Results.
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Simplex Castings Limited reported strong FY26 results with consolidated revenue up 18.05% YoY to ₹20,290.29 Lakhs. PAT jumped 40.50% to ₹2,125.91 Lakhs, significantly outpering growth targets. EBITDA grew 20.28% to ₹3,738.84 Lakhs with margin expansion from 18.08% to 18.43%. The company achieved major debt reduction - long-term borrowings were slashed by 47.96% to ₹1,489.10 Lakhs and short-term borrowings reduced to ₹3,527.52 Lakhs. Key wins include RDSO approval for wagon bogie components (re-entry into railway segment) and orders from ThyssenKrupp, BHEL, and SMS India. Management targets ₹500 Crore revenue by FY28.
The strong PAT growth of 40.50%, margin expansion, and significant debt reduction indicate operational efficiency improvements and healthier balance sheet, which should be positive for shareholders and could support stock appreciation.